Yojee Limited (ASX:YOJ) Announces Q2 FY2025 Activity Report
Financial Performance
Yojee Limited reported revenue of AU$165k for the December 2024 quarter. Net operating cash outflows were AU$895k, with a cash position of AU$2,627k as of 31 December 2024 and no debt.
Major Contracts Update
The company successfully deployed Global Air in Singapore, achieving an increase in transactions to 1,332 in December 2024. Yojee’s Transport Carrier Management System (TCMS) will be implemented at a fourth mill site for PT APP Purinusa Ekapersada (APP) in Q3 FY2025, enhancing transaction volumes and revenue.
Product Development
Yojee continues to develop its TCMS platform, currently active in five South-East Asian countries. The MOSAIC platform, designed to simplify logistics, launched the #BePartOfSomething campaign in Australia and New Zealand, exceeding sign-up expectations and attracting significant interest.
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